2. Starter Questions Q1. True or false 2a (a – c + 4a) =2a 2 -2ac + 8a Q3. Q2. Find the missing angle 22 o

3. Learning Intention Explain how to calculate price +VAT using the simple multiplier 2 Easy VAT

4. Easy way to calculate cost including VAT The cost of anything can be expressed as ? % of the price VAT added on to the price is charged at ? % Therefore it can be said that Price + VAT = Express the following percentages as decimals a) 50 % b) 75%c) 100% d) 117.5% ? % 100 17.5 117.5

5. Easy VAT VAT at 17.5% Examples ……Find:50% of 10075% of 36100% of 40 First convert each percentage to a decimal then…… 117.5% of 12

6. Cost before VAT x 1.175 Cost including VAT Easy VAT Easy way to calculate cost including VAT VAT at 17.5%

7. VAT – 17.5% Value added Tax Example 1 How much will I pay for the computer including VAT below ? VAT means : £1000 + VAT Total cost is £1000 + £175 = £1175 Easy method Cost x VAT multiplier = 1000 x 1.175 = £1175

8. VAT – 17.5% Value added Tax Example 2 Price of the Plasma TV is shown below is excluding VAT. What is the total price I have to pay. VAT means : £1300 (excluding VAT) Total cost is £1300 + £227.50 = £1527.50 Easy method Cost x VAT multiplier = 1300 x 1.175 = £1527.50

9. Now try Ex 4.2 Ch4 Pg 51 Easy VAT